SHANGHAI (Reuters): TikTok owner ByteDance has applied for a licence in China in line with the country’s tech export requirements, as it strives to seal a deal with Oracle Corp and Walmart Inc for TikTok’s US operations to stave off a US ban on the app.
The application was submitted to Beijing’s municipal commerce bureau and the company is waiting for a decision, it said in a statement on its Toutiao account on Thursday (Sept 24).
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